Korea joins digital economy agreement founded by S'pore, Chile, and New Zealand

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Korea joins digital economy agreement founded by S'pore, Chile, and New Zealand
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pstrongKorea was the first member to join through accession./strong/p pThe founding members of the Digital Economy Partnership Agreement (DEPA) have announced the addition of Korea as the first new member. /p pDEPA was founded by Chile, New Zealand, and Singapore in June 2020.

The founding members of the Digital Economy Partnership Agreement have announced the addition of Korea as the first new member.

Korea formally applied in September 2021, while discussions on its accession led by Singapore were completed in June 2023. In a joint statement, the founding members said DEPA’s expansion “will add to the heft of the agreement and provide greater opportunities for collaboration amongst parties.” He also said his country “will lay the foundation for cooperation on the digital economy between members to ensure DEPA will serve as a platform to enhance economic partnership.”

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